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The increase in competition between miners for new Bitcoins has seen large increases in the amount of computing power and electricity required which is often used for air conditioning to cool computer systems. ERC allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or We also look at how market participants, such as investors, technology providers, and financial institutions, will be affected as the market matures.